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Direct Edge Exchange Fees

Remove Liquidity 1' Add Liquidity 2'
NASDAQ >= $1.00 per share' USD 0.0030 USD (0.0016)
NASDAQ < $1.00 per share' Trade value * 0.003' USD (0.00009)
AMEX >= $1.00 per share' USD 0.0030 USD (0.0016)
AMEX < $1.00 per share' Trade value * 0.003' USD (0.00009)
NYSE >= $1.00 per share' USD 0.0030 USD (0.0016)
NYSE < $1.00 per share' Trade value * 0.003' USD (0.00009)
Non-Displayed Orders >= $1.00 per share' N/A USD (0.0008)
Midpoint Match Cross' USD 0.0000 USD 0.0000
Midpoint Match, Add Liquidity >= $1.00 per share' N/A USD (0.0008)
Midpoint Match, Add Liquidity < $1.00 per share' N/A USD 0.00
At-the-Open' USD 0.0010 USD 0.0010
Retail Order, Pre and Post Market < $1.00 per share' N/A USD (0.00003)
Retail Order, Pre and Post Market >= $1.00 per share' N/A USD (0.0032)
Routed >= $1.00 per share USD 0.0030 USD 0.0030
Routed < $1.00 per share Trade Value * 0.003 Trade Value * 0.003

Notes:

  • Rebates are in parentheses.
  1. Orders that are immediately executed against an existing bid or offer on an exchange's or ECN's order book.
  2. Adding an order to an exchange or ECN's order book before being executed.